America wide looks at worse flat: https://fred.stlouisfed.org/series/LES1252881600Q (ignoring covid years which distort this)
Food might be up 30% in biden's term for all I know. And maybe wages are only up 20%. But as long as rent is 0% and asset growth kept track with inflation (it's blown past it), you are still ahead.
I suspect this is just standard human loss aversion at work. I feel this even from my own wife who looks at our economic position worse than me even though it is the same numbers. What's worsened becomes more important than what's improved, even if rationally, it nets out even.
My rent was up 30% and it was my largest expense. DoJ has been dragging its heels on punishing the companies that were a part of this gouging-via-algorithmic-price-fixing-and-warehousing, and now that Trump is going to be in office, those lawsuits are likely dead in the water. Very much a "Thanks for nothing, Joe," situation.
In gaslighting, the perpetrator insists on denying the victim's perception of reality, while actually controlling the facet of reality that he denies is altered. In this case, Democrats control the means to alter the economy via leaning on Congress, the Treasury, and the Fed. They manufactured an environment where earners would lose out to the concerns of asset holders (the "soft-landing," rather than a swift and severe FFR rate hike and tightening of Treasury holdings that would have squelched inflation), but insist on telling earners that everything is okay, because the metrics that matter to asset holders are doing well. In carrying water for this line of argument, you're participating in their gaslighting. People aren't doing well, full stop.
A fast rate hike might have caused massive unemployment which would be much worse.
A fast hike would have caused pain, but the money printing that we did anyway would have helped mitigate that. Instead, it just went to propping up asset prices. Bank Bailout 2.0; we didn't learn our lesson, and the incumbent party was yet again ousted.